Domestic edible oil price rise lower than global trend: Govt

The government has claimed that a series of interventions in the past one year has resulted in “insulating the import of inflation” in the edible oil sector. It cited the data of how the international prices of major edible oils such as soyabean, sunflower and palmolein have gone up by more than 45% in the past one year while their domestic wholesale prices have increased by a maximum of 16%.

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